Sumsel 5 mine mouth power plant nearly half-complete
Thursday, May 22 2014 - 02:53 AM WIB
By Rikordias D. Siahaan
Construction of the Sumsel 5 mine mouth power plant in South Sumatra, developed by PT DSSP Power Sumsel (DSSP), has reached 40 percent percent to completion, according to Rudy Halim, Group Vice President Director of the company.
?At the moment, our project is 40% complete,? said Rudy to Petromindo on Wednesday.
Sumsel 5 power plant is targeted to be fully operational in 2015, with total capacity of 300 MW (2X150 MW), according the DSSP website. In December 2012, the company signed US$318 million loan agreement with China Development Bank Corporation, out of total project cost of US$400 million.
DSSP is a subsidiary of IDX-listed PT Dian Swastatika Sentosa, Tbk.
Editing by Reiner Simanjuntak